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AGL has agreed to sell the lion’s share of its equity stake in Tilt Renewables to the Queensland Investment Corporation and Australia’s sovereign wealth fund for $750 million.
Australian Renewable Energy Agency pumps $45M into Fortescue solar hub
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The Australian Renewable Energy Agency will invest $45 million into Fortescue’s first-of-its-kind solar innovation hub in Western Australia’s Pilbara region.
ISPT offloads Parramatta CBD office tower for $82M
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Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta’s CBD for $82 million.
High Court appeals fail in strip search case against Qatar Airways
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The High Court won’t weigh in on a case over strip searches of Qatar Airways passengers, following a mixed ruling that revived claims against the airline but found Qatar’s aviation authority could not be sued.
Mayne turns to Takeovers Panel in latest move to salvage $672M Cosette deal
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Mayne Pharma is not walking away from US drug maker Cosette’s proposed takeover without a fight, filing an application with the Takeovers Panel to force Cosette to agree to the conditions needed to win FIRB approval for the $672 million deal.
G8 Education loses appeal over ex-chair’s criminal defence costs
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Childcare provider G8 Education on Friday lost a challenge to a ruling that it cover the legal costs of its former chair, who faced criminal charges that were dropped in March.
AGN must detail reasonable grounds for ‘Love Gas’ ads, ACCC says
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In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.
Acciona takes aim at ‘hopelessly flawed’ patent suit over $511M waste-to-energy plant
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Acciona is mulling a bid to summarily dismiss a “hopelessly flawed” patent suit by its construction partner on the troubled East Rockingham waste-to-energy plant project, saying it is doomed in light of a High Court decision holding a patentee’s rights are exhausted at the time of sale.
‘You’ve been too slow’, judge tells applicant in Sony Playstation class action
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The judge overseeing a class action alleging Sony used restrictive trade practices to block competition with its Playstation store has told the applicant to get “a bigger team” on the slow-moving case.
Groth articles in Herald Sun ‘precisely’ the journalism exempt under privacy law, court told
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Herald Sun articles about Victorian Deputy Liberal Leader Sam Groth’s relationship with his wife, Brittany, are “precisely ” the kind of journalism protected by an exemption in new privacy laws, a court has heard.